Suspend/Resume Interest

Lenders suspend and resume interest on loans if they need to offer relief or would like to incentivize borrowers in some way:

• This request can either suspend or resume interest accrual on a loan. However, you cannot log two adjustments on the same day. If you try to log more than one adjustment for a single day, you'll receive a 409 response.
• Selecting a date in the past will affect past calculations on the loan. For more information on this, take a look at the 'Past Due Warning' in our Suspend/Resume Interest help article.

For an example of how suspending and resuming interest works in the UI, take a look at our the Suspend/Resume Interest article we've linked above.

Database

For information on suspend/resume interest database tables, see the following articles:

• Database – Loan Stop/Resume Interest Entity (loan_stop_interest_date_entity)
• Database – Rule applied Stop Interest - Loan Relations (loan__rule_applied_stop_interest)
• Database – Rules Applied Stop Interest (rule_applied_stop_interest_entity)

{
    "StopInterestDates": {
        "results": [
            {
                "type": "loan.stopInterestType.suspend",
                "date": "2022-04-09"
            }
        ]
    }
}